It's easy to say wealth redistribution is a solution in search of a problem if you never lived in a city or town that's been slowly rotting away due to the negligence of the economic elites. I come from Wichita, Kansas and I can tell you that the last decade back home has been hell on everyone. I had to leave my home town for another state just to find work that wasn't just $12/hr (that's about as high as you can get without any college education back home) even for software development. You might think "oh but the standard of living in Kansas is cheap" for which I can prove that's not the case, especially for Wichita. In the long run, either the economic elites actually start investing in the consumers that made them wealthy or the consumers who can't pay for their services or goods will (not might) take their wealth from them by force.